The Importance of Motor Vehicle Insurance – it is important!
Many people get excited buying a new vehicle. The smell, the sparkly paint – you can`t beat the feeling of having a new vehicle. Very few people, however, get excited about insurance for their new vehicle. It is a pain to arrange and the cost … well it can be expensive.
In Alberta, the minimum amount of liability insurance that you must carry is $200,000. That has been the minimum coverage for over 20 years. Anybody who only carries $200,000 insurance is making a mistake. Anybody who is willing to sell you only $200,000 of liability coverage is also making a mistake. Continue reading